Today, the short-run demand and supply of foreign currency originating from financial transactions is
a. much less important than is the demand and supply of foreign currency originating from trade in goods.
b. of equal importance as is the demand and supply of foreign currency originating from trade in goods.
c. much more important than is the demand and supply of foreign currency originating from trade in goods.
d. the only important factor in determining short-run exchange rates.
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